Membership in Coast to Coast

OK, I get that in order to GET a membership in C2C, you need to be a member of a participating resort.

What happens when the participating resort goes out of business? Is the C2C membership, once it is started, completely separate from the "home resort"? Do I have to move the membership to another participating C2C resort?

Any place where I can read the details / terms and conditions of the C2C membership?

Thanks

Mike